Buiter Says Powell Has 'No Reasonable Option' Except to Raise Rates

The video discusses the current economic conditions, focusing on the US and global economies. It highlights the slowdown in the US, the Federal Reserve's interest rate policies, and the inflation outlook. The discussion includes the potential for future rate hikes and the debate on whether inflation should overshoot targets. The video concludes with insights into the economic outlook and policy implications.

What arguments are presented for the Federal Reserve to consider a pause in rate hikes?

Why is there a debate about the necessity of an inflation overshoot?